T-Account
Definitions
2
Posts
2
Posters
277
Views
-
A T-account is an informal term for a set of financial records that uses double-entry bookkeeping.
-
a simple table in the shape of a T, that shows money going out of an account on the left and money going in on the right, used for example in double-entry bookkeeping
Explore More Definitions
Browse our collection of 300,000+ community-written definitions